All financial institutions will eventually find themselves needing to readjust to the realities of outside events and internal pressures, and retail banks are no exception. Today, retail banks and other financial institutions are faced with a choice: undergo digital banking transformation...
The Department of Finance (DOF) wants large foreign digital service providers (DSP) to remit to the Bureau of Internal Revenue (BIR) the value-added tax (VAT) in transactions that go through their platforms. Finance Director Euvimil Nina R. Asuncion said the DOF supports House Bill (HB) No. 7425...
Kaspersky: 1 in 5 Filipinos still scared of paying online By EMMIE V. ABADILLA Many Filipinos, like most Southeast Asians, still get the jitters when paying online, according to the latest findings of cybersecurity firm Ksspersky. Both the oldest and the youngest generations find it scary to go...
The Department of Information and Communications Technology (DICT), on Monday, May 2, inaugurated its Robinsons Magnolia office, aiming to “close digital divide” by providing “extensive” connectivity for Filipinos. (Image courtesy of DICT) The DICT’s Robinson’s Magnolia Office will...
Experts and advocates of Islamic finance presented the trends and outlook in the growing sector, including ED Nelly Dillera - PTTC; DED Dhim Radia - PTTC; Dr. Zalina Binti Zakaria -Head, Halal Research Center of Islamic Health, Universiti Malaya; Dr. Dalal Aassouli - Asst. Professor, Islamic...
By AJ Dumanhug, CEO, Secuna Digital signatures rose to the forefront of technology in 2020 when the world was forced to work from home. With the enhanced community quarantine in place, signing contracts, confidential documents, and more could no longer be done in person, so we all looked to digital...
Re-electionist Senator Joel Villanueva on Tuesday, April 19 said that the next administration should pay particular attention to the country’s digital economy as the economy is opening up and cases of Covid-19 infections are decreasing. “All sectors of the economy are expecting to bounce back...
SPEAKING OUT Ignacio R. Bunye On May 9, Filipinos will go to the polls to vote in the national elections. As crucial as the elections are, the campaign period is equally critical. Candidates are stepping up their campaigns to ensure victory, and this occasionally includes vote buying and selling....
Alliance Towers Corporation Chairman and CEO Sherwin Hing and President and COO Alvin Tolentino. Independent tower company Alliance Towers Corporation (ATC) is going full speed ahead in building towers to support digital transformation and telecommunications industry efforts to address the demand...
Bus commuters going to Northern and Central Luzon can now do cashless purchase of tickets or payment for cargo deliveries after Victory Liner, one of the country's largest transportation firms, partnered with digital financial services platform PayMaya. Victory Liner taps PayMaya for safe and...
The future is looking bright for the country’s digital economy. When the pandemic hit, many industries were quick to shift their focus on digital innovations, helping them thrive as the business landscape continues to change. The rise of eCommerce was noticeable, with the Department of Trade and...
Singapore-based startup helps SME retailers automatically digitize their products Fairmart today announced the closing of an oversubscribed S$2M (US$1.5M) seed round co-led by Quest Ventures and Entrepreneur First, with participation from SOSV, Vectr Ventures and Hustle Fund. The company supports...
